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Should the state retirement age be raised? A few years ago the state retirement age in Belarus began to raise. It wasn't a sudden change. A gradual increase will take place over several years. It started in 2017 and will end in 2022. The total increase will be 3 years. Age limits for working people will be extended up to 58 years for women and 63 years for men. The main idea is to prevent the shortage of human resources and avoid the budget deficit due to the burden of pension. But I think that these measures are not completely right. For some Belarusians the living standarts in recent years has become higher, but only for a small number of them, and mainly for young people. The old ones mainly struggle with health issues or they are even partially disabled. They've been working hard all they live, losing all they savings after the collapse of the Soviet Union and a series of financial crises and recessions. They also manage to help their adult children and I believe these people totally deserve the respect and their money! As for people nearly my age, I think that we shoul completely change our pension system, develop a safe and mandatory funded pension system for each person and leave only a small amount of social and state pensions. Funded pension should be inherited and each citizen should be able to decide when he wants to retire. Everyone should feel responsible for their future and happy old age.

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Should the state retirement age be raised?

A few years ago the state retirement age in Belarus began to increase raise. It wasn't a sudden change. A gradual increase will take place over several years. It started in 2017 and will end in 2022. The total increase will be 3 years. Age limits for working people will be extended up to 58 years for women and 63 years for men. The main idea is to prevent the shortage of human resources and avoid the budget deficit due to the burden of pensioners.

But I think that these measures are not completely right. For some Belarusians the living standards in recent years has have become higher, but only for a small number of them, and mainly for young people. The older ones mainly struggle with health issues or they are even partially disabled. They've been working hard all their lives they live, losing all they their savings after the collapse of the Soviet Union and a series of financial crises and recessions. They also manage to help their adult children, and I believe these people totally deserve the respect and their money!

As for people nearly who are in my age group, I think that we should completely change our pension system, and develop a safe and mandatory funded pension system for each person and leave only a small amount of social and state pensions. Funded pension should be inherited and each citizen should be able to decide when he wants to retire. Everyone should feel responsible for their own future and happy old age.

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